£201,104
This estimated value is based upon the latest sale price for the house of £160,000 on 23 Oct 2017. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £160,000 | 23 Oct 2017 |
| £80,000 | 8 Dec 2004 |
| £43,500 | 12 May 2000 |
| £27,000 | 20 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in October 2017 the House Price Index for MEDWAY was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £160,000 results in an estimated price of approximately £201,104.
| 23 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.0 | 25.690 % | £160,000 | £41,104 | £201,104 |
The Postcode Pricing Model uses changes in average sales price within the ME4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -0.157 % | £-251 | £159,748 |
| 3 Month Average | 28.017 % | £44,827 | £204,827 |
| 6 Month Average | 22.768 % | £36,429 | £196,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,664 | £190,000 | 26 STURLA ROAD |
| 31 Aug 2023 | £249,517 | £248,000 | 7 HOPE STREET |
| 27 Apr 2022 | £214,359 | £209,000 | 68 MELBOURNE ROAD |
| 14 Jan 2022 | £204,391 | £195,000 | 48 MELBOURNE ROAD |
| 7 Jan 2022 | £188,669 | £180,000 | 6 STURLA ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Jul 2017. Using an estimated price of £201,105 means this house is valued at £3,001 per sq meter (£278 per sq foot).
The average size of a house on STURLA ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Melbourne Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Road |
| Mar 2024 | Anti-social behaviour | On or near Melbourne Road | |
| Mar 2024 | Anti-social behaviour | On or near Melbourne Road | |
| Mar 2024 | Anti-social behaviour | On or near Melbourne Road |